The survey says out of the remaining 26 percent, who opted for new launches for price discounts, as many as 82 percent were now repenting their decision, mainly due to delays in the project completion.

Nearly 52 percent were ready to pay slightly more for a ready-to-move property because they wanted to make sure who their neighbours would be and the overall community profile.

Delay in the delivery was cited as a major reason by almost 92 percent buyers for reluctance to book a new launch.

Faulty design or construction scares 70 percent of home buyers, who opted for “you get what you see” projects.

“About 78 percent say they have not got what was showcased as the sample flat,” the survey adds. Around 72 percent respondents complained about developers passing off cafeterias as “clubs” and under-equipped gyms.

Also, 72 percent were scared of going to consumer courts and face the legal hassles.

More than 62 percent, therefore, said they preferred to settle for a flat in the secondary market.